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Lloyd's Shipping & Trade Law RSS feed

Risks in shipbuilding and Chinese law

Online Published Date : 25 August 2021 | Appeared in issue: Vol 21 No 06 - 25 August 2021

Shipbuilding encompasses commercial, technical and legal risks. Risk allocation and management in the shipbuilding industry are particularly significant for shipbuilding countries such as China. Considering risks of defective performance under shipbuilding contracts, Professor James Zhengliang Hu and Dr Meixian Song analyse the legal implications of risks embedded in shipbuilding contracts from the perspective of Chinese law and the shipbuilding industry in China.

What next for the IMO’s decarbonisation efforts?

Online Published Date : 25 August 2021 | Appeared in issue: Vol 21 No 06 - 25 August 2021

The shipping industry is facing a challenge to play its part in achieving the Paris Agreement target of limiting global warming to 1.5°C compared to pre-industrial levels.1 As vital as the industry is for global trade and the global economy,2 it can no longer benefit from exceptional treatment compared to other crucial sectors (eg road transport, aviation, housing, etc).